XPO hoists revenue to USD 17.28 billion 
XPO Logistics has announced its full year 2018 financial results. The company's revenue rose by 12.3% to USD 17.28 billion (2017: USD 15.38 billion). Organic revenue growth, which excludes the impacts of fuel and foreign exchange, was 9.3% year-on-year. The 2018 net income... more
BLG Logistics working for Puma
The sportswear manufacturer Puma has started to build a new logistics and distribution centre on an around 12 ha tract of land in Geiselwind, located between Würzburg and Nuremberg (all Germany). The service provider BLG Logistics is responsible for the overall project... more
New logistics site for Yusen in the Netherlands
Yusen Logistics Benelux has opened a new logistics centre in Moerdijk (Netherlands). The multi-customer warehouse offers a storage capacity of 30,000 sqm, accessible via 30 loading docks, along with 900 sqm of office facilities. The flagship facility in Moerdijk will also be... more
Deutsche Post DHL and SF Holding conclude supply chain deal
Deutsche Post DHL Group has concluded a landmark deal to transfer its supply chain operations in mainland China, Hong Kong and Macau to SF Holding. The transaction involves the supply chain business and has no bearing on DPDHL Group’s business activities in international... more
Ebitda target is coming closer
In 2018 Agility reported a net profit of KWD 81.1 million (USD 267 million), up 18.4% compared to 2017. Revenue for the year reached KWD 1.55 billion (USD 5.1 billion), and ebitda was KWD 154.8 million (USD 509.6 million), increases of 10.2% and 14.5%, respectively.... more
Gearing up for carnival
Carnival is one of the longest and most important holidays in Brazil. It is important that companies are prepared, as the event starts making an impact the week before the holiday. During that period fuel sales increase because many Brazilians travel to other cities and... more
Globaltruck Management augments fleet
Globaltruck Management, one of the largest FTL trucking companies in Russia, has tabled its operating results for full year 2018. As of 31 December 2018, the group’s truck fleet in operation totalled 1,363 vehicles, 223 trucks or 19.6% more units compared to 31 December... more
Cosco and Bolloré ink MoU
Cosco Shipping Lines and Bolloré Transport & Logistics have signed a strategic memorandum of understanding (MoU) in Shanghai. The two companies, partners for over 20 years, want to strengthen their commercial relations while exploring new opportunities for cooperation in... more
Toyo Tires renews contract with Fiege
The Japanese tyre maker, Toyo Tires, is extending its logistics contract with Fiege for several years. Fiege has already overseen the supply chain for Toyo Tires Europe in Germany and Austria since 2006. From 2011, Fiege began to supply the Benelux countries with Toyo tyres.... more
Descartes acquires Visual Compliance
Descartes Systems Group has completed its acquisition of the businesses run by the Management Systems Resources group of companies operating under the names “Visual Compliance,” “eCustoms” and “MSR” (collectively, “Visual Compliance”). The purchase cost approximately CAD 330... more